Business Daily from THE HINDU group of publications Thursday, Feb 21, 2008 ePaper | Mobile/PDA Version |
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Mr Garry Kingshott, Chief Executive Officer, JetLite. (File photo) Ashwini Phadnis New Delhi, Feb. 20 Mr Garry Kingshott, Chief Executive Officer, JetLite, is to leave the airline when his two-year contract comes to an end at the end of March this year. Mr Kingshott took over as the CEO in April last year when Jet Airways completed the acquisition of Air Sahara and rechristened it as JetLite. “A very good aviation responsibility has come up in Manila and I am moving. Although the contract with Jet gets over in March I will probably be here till the end of May or even later as I will be taking over in Manila only towards the end of June,” Mr Kingshott told Business Line. No decision has yet been taken on who would be replacing Mr Kingshott in JetLite. Before taking over at JetLite, Mr Kingshott was the Chief Operating Officer at Jet Airways. Details of the aviation firm that Mr Kingshott is joining have not yet been made public as the airline stock are traded on the Philippines stock market and an announcement is to be made there first. Maintaining that there were no differences with the Jet management that made him leave, Mr Kingshott said that he was leaving to take up new challenges. The airline CEO felt that JetLite was on track to achieve the targets set initially. “In this industry it is always team effort so it will be unfair of me to say what has been achieved during my term at JetLite. But one thing is clear that the turn around of JetLite is not a small thing and will take time although we are on track to break even,” he added. Since April last year, the airline has not only gone in for a re-branding exercise but has also been granted permission to launch its first international operations since the buy out was completed. “We will be launching the service between Amritsar and Bangkok by the end of next month” Mr Kingshott said. The airline is not only looking to operate more flights within the country but has also applied for permission to operate flights to Dubai, Abu Dhabi, Sharjah, Muscat, Bahrain and Kuwait. More Stories on : People | Airlines | Jet Airways (India) Ltd
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